The American US$18 trillion debt – a Rube Goldberg machine

Posted by chemrock on November 19, 2015 · 466 Comments 

This article is in response to many who have asked in this Society blog, as well as in Filipino internet chatter, why is the Pnoy administration taking on foreign loans instead of in local currency which the govt can repay simply by printing peso because it has the ability to print since it has monetary … Continue reading →

Filed under Economy, USA/Americans

A tale of two photos

Posted by JoeAm on November 19, 2015 · 92 Comments 

Filed under China, Foreign Affairs and Defense, Philippine Government, USA/Americans

Love in the Time of Marcos

Posted by Wilfredo G. Villanueva on November 17, 2015 · 170 Comments 

w by Wilfredo G. Villanueva ’70 (Dear reader, you may have noticed the numeric beside my name.  I am using that number to designate my batch signifying the year—1970—I joined a Greek-letter fraternity, germane to the following story.  That is how we are known exclusively, with the batch number.  Also, I placed a rendition of the … Continue reading →

Filed under Citizenship/Patriotism, Culture and Arts, Philippine Politics

Banking in the Philippines, Part I: The fundamentals

Posted by JoeAm on November 16, 2015 · 215 Comments 

A nation’s banking system is fundamental to a healthy and properly functioning economy. Banks are the middlemen among suppliers and users of funds, and when they go broke, there’s hell to pay. We should understand the Philippine banking system, how it works, and what its strengths and weaknesses are. This will be a series of … Continue reading →

Filed under Economy, Philippine Government

It’s Bongbong Marcos Or Bust Philippines

Posted by JoeAm on November 15, 2015 · 111 Comments 

w by jameboy The blog recently written by chempo (“Marcos Revisionism Part II“) created a mini controversy after I opined that the effort to prevent the Marcoses from coming back to power has been proven ineffective based on what the Marcos family has ‘accomplished’ since returning to the country. I categorically said that witnessing the Marcoses … Continue reading →

Filed under Crime/Corruption, Culture and Arts, Economy, Laws and Ethics, Philippine Government, Philippine Politics